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Assume you have $50,000 that you need to change to Swiss franc and the applicable spot rate is given as $1.0729/SF How much would you
Assume you have $50,000 that you need to change to Swiss franc and the applicable spot rate is given as $1.0729/SF How much would you recieve?
A. SF53,645
B. SF46,602.67
C. $46,602.67
D. None of the above
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